INDEPENDENT TRUSTEE – Botswana Post 1472 views

APPOINTMENT OF AN INDEPENDENT TRUSTEE
The Botswana Post Staff Pension Fund wishes to engage the services of an Independent Trustee to serve on its Board of Trustees.

Qualifications and Eligibility of Candidates

The candidate should not be an employee of the sponsoring employer (Botswana Post), its subsidiaries/related entities or any service provider to the Fund.
The incumbent will be responsible for working with the Board of Trustees in achieving the objectives of the Fund, actively participating in Trustee meetings with the intention to add value and bring innovative ideas that can assist the Fund to deliver sustainable long­term results to the members of the Fund.

Requirements

All candidates should have relevant experience and expertise in the following areas, and should fulfill the following requirements:
Ability to understand strategic issues and accept the legal duties and responsibilities of a Trustee
Sound knowledge, experience and expertise in Investments and/or risk management and compliance
At least 5 years of working experience in the financial services environment.
Should be well vested in pension and insurance issues
Basic knowledge of the NBFIRA Act, Retirement Funds Act, Financial Intelligence Act, Income Tax Act, Trust Act and any other relevant Acts
The individual must be of good standing to be approved by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) to be a Trustee

Candidates who possess the following will have an added advantage:

Previous Board membership and Trusteeship
Professional qualification in Anti Money-Laundering and Counter-Terrorism Financing & Proliferation (AML7CFT & P)
A professional and/or working background in finance, investments, risk management and compliance.

Board Tenure
The Independent Trustee shall hold office for a term of three (3) years and may serve for a maximum of 2 terms subject to renewal.